M.Sriram
Stories by M.Sriram
India’s Aye Finance raises $10m debt from Swiss impact investor
Aye has raised about $174 million of debt so far, from global impact investment managers.
India: Kunal Shah’s Cred to raise funds in round valuing it at up to $500m
Existing investors Sequoia, Ribbit and Apoletto Asia have pumped in the first tranche of $65 million.
Sequoia Capital India may raise $200m to add to its existing fund
The move is said to be driven by interest from limited partners and a fast-growing market.
Tiger Global invests $300m in Indian firms so far in 2019, to ramp up presence
Its investments this year include Ninjacart, Moglix, Zenoti, Locus, Fyle, OkCredit and Sirion Labs.
India: Alteria Capital closes its maiden venture debt fund at $140m
Fundraise by Alteria Capital signals a sharp rise in appetite for debt financing from startups.
China’s Tencent plans to increase its bets on Indian tech startups
Tencent started investing in Indian startups in 2014, when it led a Series B round in Ola.
Bahrain-based Investcorp closes maiden India PE fund at $150m
HNIs in Gulf, besides local and foreign institutional investors, invested in the fund.
India: Sequoia may lead fresh funding in baby-care products brand Mamaearth
Mamaearth is in talks to raise up to $20 million in a Series B round.
India: State Bank, NIIF tie up to boost infra financing
SBI, NIIF signed an MoU to make equity investments, project funding in infrastructure.
India: Unilever Ventures invests $3.62m in Mahesh Bhupathi’s startup
This marks the Series A funding round in the privately-held startup Scentials Beautycare & Wellness.
